Q80. Which of the following is an appropriate explanation of POS terminals (or POS cash registers) in a supermarket and other such places?
a) They are terminals of the system used for collecting and managing information such as the product code and price at the time of a sales transaction (at the “Point of Sale”).
b) They are terminals of the “Purchase Order System”, and are mainly used to automate purchase orders for the replenishment of products.
c) They are terminals of the strategic product management system developed for monitoring the “Probability of Survival” of such products.
d) They are terminals of the inventory management system first manufactured in “Port of Spain”, and they hold an overwhelming market share.